Updates

Rok - order book rises 50%

October 2007

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Shares in construction to property development firm Rok soared 45p after it banished fears of an interest rate rise inspired slowdown by releasing superb results. For the six months ended 30 June revenue increased 44% to £434m, while pretax profit soared 75% to a record £11.2m. Eps rose 45% to 4.5p. Rok’s strong momentum fed through into a 49% jump in committed forward orders to £550m. Rok’s mainstay building business saw operating profit rise by 51% to £9.5m, on revenues which rose 47% to £357m, with operating margins rising 0.1% to 2.7%. Although the acquisitions of Tulloch, Kingfisher and SOL Construction chipped in a quarter of sales growth, the underlying increase was still 18%, drive ...

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WSP - Environmental consultancy side going great guns

Lavendon - Huge eps upgrades

Rok - Suffers from project cancellations (December 2008)

Rok - Closes property development side (September 2008)

Rok (May 2008)

Rok - Prospective PE just 7.8 (April 2008)

Rok (December 2007)

Rok - Shares double in two years (August 2007)

Rok (June 2007)

ROK - Forecast beating results (April 2007)

Rok (February 2007)

Rok - Useful 33% gain in 3 months (November 2006)

Rok - Order book rises to Â£370m (October 2006)

Rok (September 2006)

Rok - Â£1.1bn framework agreements underpin growth potential (August 2006)

ROK Property - Very consistent share price growth (June 2005)

ROK Property Solutions - Falls through stop-loss in spite of upgrade (March 2003)

ROK Property Solutions - Acquires large construction firm (September 2002)

Rok Property Solutions - Rokeagle cuts two deals (August 2002)

Rok Property Solutions - Nationwide ambitions (June 2002)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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